Texas Financial Statements From 2010 to 2024
| TCBIO Preferred Stock | USD 21.09 0.04 0.19% |
Check Texas Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Capital's main balance sheet or income statement drivers, such as , as well as many indicators such as . Texas financial statements analysis is a perfect complement when working with Texas Capital Valuation or Volatility modules.
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Texas Capital Bancshares Company Price To Earning Analysis
Texas Capital's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Texas Capital Price To Earning | 4.57 X |
Most of Texas Capital's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Texas Capital Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Texas Capital Bancshares has a Price To Earning of 4.57 times. This is 75.0% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The price to earning for all United States preferred stocks is 84.09% higher than that of the company.
Texas Capital Bancshares Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Texas Capital's current stock value. Our valuation model uses many indicators to compare Texas Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Texas Capital competition to find correlations between indicators driving Texas Capital's intrinsic value. More Info.Texas Capital Bancshares is rated fourth in price to earning category among its peers. It is currently regarded as top stock in beta category among its peers totaling about 0.29 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Texas Capital Bancshares is roughly 3.47 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Texas Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Texas Capital's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Texas Capital Financial Statements
Texas Capital investors utilize fundamental indicators, such as revenue or net income, to predict how Texas Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas. Texas Cap operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1751 people.
Pair Trading with Texas Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Texas Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Texas Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Texas Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Texas Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Texas Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Texas Capital Bancshares to buy it.
The correlation of Texas Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Texas Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Texas Capital Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Texas Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Texas Preferred Stock
Texas Capital financial ratios help investors to determine whether Texas Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Texas with respect to the benefits of owning Texas Capital security.